Economy shrinks as fears of tariff-inducted recession grow

Name: Economy shrinks as fears of tariff-inducted recession grow
Uploaded: 2025-05-01T03:48:01Z
Duration: 5 min 47 s
Description: The U.S. economy showed a negative reading in the first quarter of 2025, the first time since 2022 that has happened. Economists fear President Trump's tariffs may take their toll, but what does it really mean? Ryan Young of the Competitive Enterprise Institute joined "The Final 5 with Jim Lokay" to explain.

The U.S. economy showed a negative reading in the first quarter of 2025, the first time since 2022 that has happened. Economists fear President Trump's tariffs may take their toll, but what does it really mean? Ryan Young of the Competitive Enterprise Institute joined "The Final 5 with Jim Lokay" to explain.

By Jim Lokay

Posted April 30, 2025 11:48pm EDT